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    40 Acres Mountain Home, ID 83647

    Sponsored
    For Sale
    $400,000

    Prime Idaho land, development potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 40-acre property in Elmore County, Idaho, presents a unique investment opportunity. Located near Mountain Home (zip code 83647), this land parcel (APN: RP04S06E180010) offers significant development potential, as indicated by county information. The asking price is $400,000, translating to $10,000 per acre. The property's zoning allows for single-family homes and 2-4 unit dwellings, providing flexibility for various development plans. Its substantial size, coupled with the surrounding landscape, creates an attractive setting. The property is bordered on the northwest and southeast by Bureau of Land Management (BLM) land, offering expansive views and a sense of seclusion. The presence of other large acreage parcels in the vicinity suggests a compatible development environment. This presents an ideal scenario for subdividing the land, retaining a portion for personal use, and selling off the remaining lots. The possibilities are numerous, making this a highly desirable investment for developers and those seeking a large-scale project in a scenic Idaho location. The latitude and longitude coordinates are 43.1329504 and -115.6911975 respectively.

    Property Features for 40 Acres

    General Information

    Property type
    Land
    Lot Size
    871,200 SF

    HighLights

    • Zoned for single‑family or 2‑4 unit residential development.
    • High‑traffic location with excellent visibility.
    • Level, buildable lot ready for immediate development.
    • All utilities readily available at the site.
    • Convenient access to major transportation routes and amenities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Mountain Home
    County
    Elmore
    State
    Idaho
    Longitude
    -115.6911975
    Latitude
    43.1329504

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - Prime Idaho land, development potential.
    Where is this land located?
    The property is located at 40 Acres Mountain Home, ID.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: Zoned for single-family or 2-4 unit residential development.; High-traffic location with excellent visibility.; Level, buildable lot ready for immediate development.
    (208) 401-5078
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    40 Acres Mountain Home, ID 83647
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    Mountain Home, ID 83647
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    40 Acres Mountain Home, ID 83647
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